Reputational issues

SENSE & CENTS

Despite SIA’s multiple strengths, shareholders need to brace for turbulence

Much can go wrong, given the global nature of the group’s business and the many staff, suppliers and customers with which it deals

Executives of KYB Corp, a maker of shock absorbers including those used in buildings to reduce shaking during earthquakes, apologising for some of its products that might have failed to meet quality standards. In Japanese business culture, issuing a public apology is a key part of the process in getting past a serious issue.
THE BROAD VIEW

The nuances of saying ‘sorry’ in Asia

In some countries, companies can express remorse without automatically admitting liability